Targa Resources (TRGP) Raw Materials (2012 - 2019)
Targa Resources' Raw Materials was $5 million in Q4 2019, down 63.2% from $13.6 million a year earlier and down 39.8% from the prior quarter.
Analysis
Targa Resources (TRGP) Raw Materials (2012 - 2019) Analysis & Trends
From Q4 2012 onward, Targa Resources has reported Raw Materials for 26 quarters.
- Raw Materials shows a five-year compound annual growth rate of -15.3% (FY2014 to FY2019).
- In earlier years, Raw Materials was $13.6 million in FY2018 (+5.4%), $12.9 million in FY2017 (+19.4%), $10.8 million in FY2016 (-15.0%) and $12.7 million in FY2015 (+10.4%).
- The Q4 2019 figure marks the lowest quarterly Raw Materials in data going back to Q4 2012.
- Compared with a year earlier, Raw Materials has declined for three straight quarters, with growth averaging 17.1% over the last eight quarters.
- The best year-over-year quarter for Raw Materials over five years was Q2 2018 (growth of 160.6%); the worst was Q4 2019 (a decline of 63.2%).
- Per Business Quant data, TRGP's Raw Materials in the three quarters before Q4 2019 was $8.3 million (Q3 2019), $16.3 million (Q2 2019) and $21.5 million (Q1 2019).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 5.00 Mn |
| Sep 30, 2019 | 8.30 Mn |
| Jun 30, 2019 | 16.30 Mn |
| Mar 31, 2019 | 21.50 Mn |
| Dec 31, 2018 | 13.60 Mn |
| Sep 30, 2018 | 14.60 Mn |
| Jun 30, 2018 | 25.80 Mn |
| Mar 31, 2018 | 17.10 Mn |
| Dec 31, 2017 | 12.90 Mn |
| Sep 30, 2017 | 11.80 Mn |
| Jun 30, 2017 | 9.90 Mn |
| Mar 31, 2017 | 10.40 Mn |
| Dec 31, 2016 | 10.80 Mn |
| Sep 30, 2016 | 11.00 Mn |
| Jun 30, 2016 | 11.90 Mn |
| Mar 31, 2016 | 12.50 Mn |
| Dec 31, 2015 | 12.70 Mn |
| Sep 30, 2015 | 12.70 Mn |
| Jun 30, 2015 | 12.10 Mn |
| Mar 31, 2015 | 11.30 Mn |
API Access
Targa Resources Raw Materials API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=raw-materials&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=raw-materials&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();